The NYSE trading floor has changed a lot since its peak in the 1980s, mainly due to advances in technology. While computers now handle most trades, there are still real people on the floor doing important work for investors around the world. What was it like to work on the floor in the '80s? "Crazy," if you ask TradeMas Inc. senior floor trader Peter Tuchman. "There were thousands and thousands of people," Tuchman told Yahoo Finance Executive Editor Brian Sozzi. "It was open outcry auction market." More: https://lnkd.in/eyNmWb4A #yahoofinance #finance #trading #markets #money #investing
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Financial planners investing in stocks and bonds for you for a % will be as foreign as toll booth workers to gen-Alpha — middlemen replaced by tech and a simple buy, cold storage and HODL philosophy. The future will be a technological shift away from middlemen services and the financial planning and investing sector may be first on the chopping block. #bitcoin #investing #financialplanning
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Go west, young man. The Texas Stock Exchange is coming. New York is web2, and Texas is web3. May the best state win; I know where my money is going. Larry Fink on tokenization. https://lnkd.in/dYyvE8C8 #blackrock #tokenization #finance #wallstreet #franklintempleton #blocktimefinancial #digitalassets #Investing
Fink Sees Tokenization of Financial Assets as Next Step
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With over 20 years as a Wall Street trader, SentimenTrader's @DeanChristians offers expert insights, and timely analysis in his ModelEdge Report. Why follow the noise when you can follow the dependable, signal-driven research of Dean Christians? #financialresearch #investing #markettrends #sentimentrader #stockmarket #fintech #tradingplatforms #selfdirectedinvesting #investingideas #stockpicks #retailinvesting #retailinvestors #financialmedia #marketanalysis #stockanalysis #stockpicks
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Ever wondered what all the shouting and hand-waving on the bustling floors of stock exchanges is about? Welcome to the dynamic world of the Open Outcry system! 📣✨ In this high-energy environment, traders vocalize bids and offers, using a fascinating array of hand signals to ensure swift and clear communication. It’s the original trading pit, where deals are struck in seconds and fortunes can change with the flick of a wrist! 🏦💥 This method may seem chaotic, but it’s all about precision and speed, honed by years of tradition. It’s like Wall Street's very own secret language, blending human instinct with market savvy. 💹🤝 Whether you’re a finance enthusiast or just curious, the Open Outcry system is a thrilling reminder of the vibrant heart of financial markets! #FinanceHistory #StockMarket #TradingTradition #WallStreet #MarketBuzz
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6k+ followers 💎Corporate Trainer 📣 Compliance Expert 💸 Simplifying Everyday Finance 💡Direct & Indirect Taxes
FNO traders might die before chain smokers?? Sounds crazy but it might be true for some individuals who with very little or no knowledge(sometimes based on the telegram tips) go all in for F&O trading. And this leads to huge stress and losses to the investors. We here discuss how we should go agead on this path if not taking help from professionals. #shares #capitalgain #fnotrading #sharemarket #finance
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This is worth your time. And there are other assets in the sector that many believe will outperform Bitcoin over the next 4 years. If you think it’s here to stay, it’s probably time to diversify into the sector.Benaiah Capital
Preston Pysh articulates on an episode of Scarce Assets with Andrew Edstrom, CFA, CFP & Jesse Myers, that once investors more deeply understand bitcoin’s fundamentals & its upside potential, the immense opportunity cost associated with owning richly valued equities becomes clear. https://lnkd.in/giZ4cwmF
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𝙅𝙪𝙣𝙚 𝙧𝙚𝙨𝙪𝙡𝙩𝙨: Blew 3 prop accounts 𝙅𝙪𝙡𝙮 𝙧𝙚𝙨𝙪𝙡𝙩𝙨 Blew 5 prop accounts 𝘼𝙪𝙜𝙪𝙨𝙩 𝘼𝙛𝙛𝙞𝙧𝙢𝙖𝙩𝙞𝙤𝙣𝙨 In this month of August, I proclaim that I will be a $500k funded trader I have spoken, and the universe will bring it to fruition No be Juju be that? #ForexMarket #forexeducation
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New month. New entries. ✨ It's a full house today with important events, earnings, and IPOs! Earnings include: $SHOT $RHE $PVH $ZOM Splits: $PLUR $UCAR and more IPOs: $ZPTA All the best for this month! 😁 #stock #trading #futures #options #tradingperformance #tradingjournal #tradesviz #crypto #trader #stockmarket #forex #stocktrading #daytrader #data #datavisualization #analytics
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Let us know if you will be in Miami for ELS January 29-31! Nitin Gambhir will host morning and afternoon Buyside Roundtables on Monday, January 29: “Maximizing Interaction with Natural Liquidity: Best Practices for Buy-side Firms". On day two, Tuesday, January 30 he will participate in the 9:20 a.m. Panel: "Implementing an Innovative Data Strategy to Leverage Efficiency, Improve Execution, and Extract New Alpha". For more information about Tethys and our products, or to schedule a meeting please click the following link: https://lnkd.in/eWKGFebP #fintech #algorithms #financialmarkets #quantitativeresearch #algotrading #tethystech #algos #trading #EMS #equitytrading #quantitativefinance #ELS #execution #tethys
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Peter Tuchman's insights into the NYSE trading floor during the '80s offer a fascinating glimpse into the evolution of finance. The transition from open outcry to today's digital trading landscape highlights how technology has reshaped the industry while preserving the vital role of human expertise. Tuchman's experiences underscore the enduring significance of skilled traders in navigating global markets.